Union Bank of India v. Nawal Kishor
Case brief
What is this about?
The Debts Recovery Tribunal heard an original application filed by the applicant bank for early hearing and de-freezing of the respondent's accounts. The court disposed of the application and directed banks to de-freeze the accounts based on counsel's submission that they were regularized.
What did the court decide?
Directions issued to State Bank of India and HDFC Bank to de-freeze the respondent's saving bank accounts linked to PAN Card No. – CJCPD7652Q.